The board of directors of Anhui Conch Cement Company Limited announced that the group is expected to have a significant growth in results and to record an increase of approximately 90% to 110% in its net profit attributable to the Company's equity holders for the six months ended 30 June 2017 as compared to that for the six months ended 30 June 2016 (the unaudited Net Profit for the first half of 2016, as prepared by the Company in accordance with the PRC accounting standards, amounted to RMB 3,354,918,405 and earnings per share were RMB 0.63). The Directors believe that such significant increase in the Net Profit for the six months ended 30 June 2017 is mainly attributable to the increase in sales volume and selling price of the Company's products and increase in year-on-year investment return in the first half of 2017.